PSOE and Podemos lastly reveal the Coalition Authorities program. The street to that Government appears already paved, given the foreseeable abstention of ERC in the investiture. Due to this fact, Pedro Sánchez and Pablo Iglesias develop what was a pre-agreement and accomplish that confirming the most detrimental situation from the financial viewpoint.
Simply learn part 2.9 to persuade your self that an excessive measure materializes, similar to intervening in the residential rental market “with all the obligatory measures”. There was no level in warnings about how value limits retract provide and drive away investments. In addition they exceed the limits thus far offered for actions on labor reform. Its backbone is damaged, via an involution that may as soon as once more give precedence to sectoral agreements over firm agreements, recovers the ultraactivity of wage agreements and cancels dismissal as a consequence of absenteeism as a consequence of the accumulation of medical depart, regardless of being backed up judicially. There can be much less flexibility for firms and extra prices, since the rise in the minimal wage to 1,200 euros is confirmed, whereas particular sectors similar to power and banking can be extra tax penalized. The 2013 pension reform can be sacrificed and the sustainability issue and the revaluation index is eradicated. The whole lot results in a pointy rise in spending and the authorities pact, missing financial reminiscence, doesn’t clarify the way it will forestall it from impacting the deficit. It’s illusory to suppose that the low income that may be anticipated from measures similar to the largest private revenue tax for the wealthy will wipe out the imbalance. A detrimental financial outlook is thus drawn.